1.

Why do governments try to attract more foreign investment?

Answer»

Governments try to attract more foreign investment due to following reasons. 

(a) It helps in improving the financial position of the people by accelerating growth of the economy. 

(b) It creates new job opportunities in the country, directly as well as indirectly in support services such as transportation. 

(c) The government gains from additional taxes levied on the profits made from the foreign investments. 



Discussion

No Comment Found

Related InterviewSolutions